Anderson​ farms, inc. provided the following for​ 2018: cost of goods sold​ (cost of​ sales)​$1,300,000beginning merchandise inventory​340,000ending merchandise inventory​630,000calculate the​ company's inventory turnover ratio for the year.​ (round your answer to two decimal​ places.)

Statement of shareholders' equity on january 1, 2016, powder company provided the following shareholders' equity section of its balance sheet: contributed capital: preferred stock, $100 par $ 92,800 common stock, $5 par 37,400 additional paid-in capital on preferred stock 21,500 additional paid-in capital on common stock 58,700 total contributed capital $210,400 retained earnings 185,700 total shareholders' equity $396,100 during 2016, the following transactions and events occurred and were properly recorded: powder issued 1,800 shares of common stock at $13 per share. powder issued 340 shares of preferred stock at $130 per share. powder earned net income of $ 38,950. powder paid a $7 per share dividend on the preferred stock and a $1 per share dividend on the common stock outstanding at the end of 2016. required: prepare powder’s statement of shareholders’ equity (include retained earnings) for 2016.

For each example identify the most appropriate ctso

Atlas manufacturing produces a unique​ valve, and has the capacity to produce​ 50,000 valves annually. currently atlas produces​ 40,000 valves and is thinking about increasing production to​ 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this​ change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.